Answer:
c. In-house sale
Explanation:
Based on the information provided within the question it can be said that the type of sale is known as an In-house sale. This term refers to a sale where the listing broker also represents the buyer in the sale that is taking place. Which is exactly what is happening in this situation since both Jim and Sally work for the same brokerage.
Developed nations tend to have LIMITED LABOUR SUPPLIES BUT LOTS OF CAPITAL. There are two major types of labour; skilled and unskilled labour. Developed nations of the world generally have low supply of labour which are needed to carry out the required activities in the economy, but they usually have huge capital, that is why people from less developed nations migrate into these countries.
Answer:
The equivalent units of production for the month is 11,850 units
Explanation:
The computation of the equivalent unit is shown below:
= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)
= (8,900 units × 100%) + (5,900 units × 50%)
= 8,900 units + 2,950 units
= 11,850 units
For computing the equivalent units,we have to consider both the units which are mentioned in the question.
Answer:
D) $29,600
Explanation:
The mixed cost formula gives the relationship between the cost and the level of activities. It shows the cost as a function of the activity level.
The formula also shows that the cost is made up of a fixed element ($16,000) and a variable element ($3,40X).
Hence at an activity level of 4000 units,
Y = $16,000 + $3.40(4000)
= $29,600
Answer:
c.
Explanation:
Based on the scenario being described within the question it can be said that the statement that is not possible would be Kelly having a comparative advantage in repairing cars and in cooking meals. This is because a when having a comparative advantage you are better at something but at the same time you are giving up other opportunity costs. Therefore in this scenario Kelly can only have a comparative advantage at either repairing cars or cooking meals but not both.
